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FINANCIAL NEWS
Egypt’s agricultural crop sector faces some challenges
02 Feb 2016
(MENAFN) The agricultural crop sector is having some issues which affected performance over the past year, including a shortage of coordination on exporters’ needs in foreign markets.
Moreover, exporters developed a plan with solutions to recover agricultural exports and address the most important issues faced by the sector.
Accordingly, the goal is to spread the sector’s ability to compete on new markets in the future, and the plan must be established between exporters to ignore flooding foreign markets.
Exports decreased by 20 percent at the end of 2015 as a result of an increase in the volume of crops produced to the market, which cut prices and the impact of the drop of the euro against the dollar.
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